SNDK stock trades near $1,325 support as Sandisk unveils new 2TB QLC flash memory for AI. Check technical analysis and ratings.
SanDisk and Kioxia launched ninth-gen 2-terabit QLC NAND with 33% faster speeds and improved efficiency, targeting AI storage demand. This positions both companies to capture surging AI infrastructure demand, addressing a key performance bottleneck in data-center scaling.
Sandisk Corporation (NASDAQ:SNDK) stock traded slightly lower Thursday in premarket trading as investors weighed a mixed backdrop for technology stocks.
Nasdaq futures slipped 0.04%, while S&P 500 futures gained 0.14%.
Sandisk shares fell about 0.5%.
The stock appeared to track softer sentiment in technology shares after a sharp run over the past year.
The broader market also sent mixed signals.
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